Syndications Loan Analyst We are seeking team-oriented Syndicated Loan operations candidates to join our team. The ideal candidate should understand the syndicated loans business and loan operation processing. Our syndicated operations professionals help build and handle the syndicated loan products, processes, and services. The candidate will be expected to liaise with internal business partners and clients across all areas within the bank's organization. The Syndication team is a highly visible team serving as the primary day-to-day processing contact for the bank's Syndicated/ Sold Loans business which is the largest lending portfolio of the bank. Each staff owns his/her individual portfolio of borrower clients (30-40), whom they service daily. The team also works closely with Capital Markets, Relationship Managers, Group Leaders, Lending Assistants, and Corporate Risk, amongst others. The primary responsibility of this role is to ensure that all required financial and administrative transactions/financial postings are appropriately reflected in the Banks systems (AFS) and records on an accurate and timely basis for both the customer and member banks. Capital Market Administrators interact daily with parties involved per the syndicated loan activities to provide work processing guidance, direction and assistance when needed. Position Competencies Successful incumbents possess Comerica's Core Values of: One Comerica, The Customer Comes First, The Bigger Possible, A Force for Good, and Trust. Act. Own. This candidate will also exhibit a high focus on Listening, Problem Solving, Drive for Results, Independent Thinker, Ability to multitask, Forward Thinking, Attention to detail, Critical thinker, Analytical Skills, Business Acumen and Prioritization. Position Responsibilities: * The Syndications Loan Analyst has responsibility for managing a portfolio of lending facilities where Comerica acts as Administrative Agent and lead bank. * Comprehensive knowledge of the Syndicated Loan Market, especially as an Administrative Agent, and understands market conventions for managing the product. * In depth knowledge of Syndicated Lending Operations including loan servicing, Fedwire payments, General Ledger reconciliation, Construction Loans, revolving credit facilities, term loan facilities, etc. * Knowledge of industry standards and best practices for Syndicated and Commercial lending operations, as well as market initiative to streamline and automate loan servicing functions. * Ensure all lending transactions are processed and managed correctly, minimizing operational risks and losses, and ensuring compliance with all bank policies and procedures. * Comfortable managing all aspects of syndicated servicing, including interaction with senior internal and external stakeholders: Clients, Lenders, Issuing Banks, Business Partners, Front Office etc. * Manage a loan portfolio to include the review and analyzing, funding and daily operational activity for the bank's syndicated portfolio, including processing of Loan Advances, Loan Payments, All Maintenance Items - Including Rollovers/Repricing's, Conversions, Margin Changes and Other Operational Transactions. * Perform basic loan accounting and loan operational transactions daily. * Ensure all financial activities are in compliance with the bank's policies and procedures. * Investigation and resolution of queries, from internal business partners. * Monitor AFS system accruals to make sure our spreadsheet and AFS accruals (for borrowers and participating investors) agree. (Fees that can't be handled by AFS are computed by the Syndicated Loan Administrator. These fees include such things as facility fees,... For full info follow application link.

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